NEWS
With IDB support, Brazil’s BNDES launches framework for sustainable bonds
04/01/2021 Since 1 week

The Brazilian National Bank for Economic and Social Development (BNDES) is launching its Sustainability Bond Framework (SBF), produced through a partnership with the Inter-American Development Bank (IDB). The document aims to enable the issuance of green, social, and sustainable bonds in Brazil and abroad.
The initiative expands the fundraising possibilities provided for in the Green Bond Framework launched in 2017, which enabled the BNDES to be the first Brazilian bank to issue this type of bond in the international capitals market, and the first financial institution to issue green financial bills in 2020 in the local market.
The resources to be raised in future operations based on the SBF will be used to finance and refinance eligible new or existing projects in BNDES’s portfolio. The eligible categories for allocating resources include six green categories and three social categories.

This post is also available in: Spanish Portuguese (Brazil)

LATEST NEWS
Winners revealed in Environmental Finance’s Bond Awards 2021
With the kind help of an independent panel of judges – who are investors – the Awards seek to recognise those that excel, innovate and contribute to the successful development of the market. Winners of Environmental ...
Since 6 days Read More
Sustainable Solutions to the Emerging Markets Debt Crisis
In the context of the pandemic crisis, the Emerging Markets Investors Alliance (EMIA) published a white paper that seeks to advance long term, sustainable solutions to the debt crisis in emerging markets by fostering ...
Since 9 months Read More
Climate Bonds launches Hydropower Criteria for sustainable hydropower projects
The Climate Bonds Standards Board (CBSB) has approved the Hydropower Criteria under the International Climate Bonds Standard (CBS), providing screening criteria for investments in sustainable hydropower projects. The ...
Since 2 weeks Read More